Clime Investment Management Limited (ASX:CIW) acquired remaining 25% stake in Ralton Asset Management Limited on November 18, 2022. The Board of Clime Investment Management Limited advised the shareholders. Ralton Asset is now a fully owned subsidiary of the Group.

Clime Investment Management Limited (ASX:CIW) completed the acquisition of remaining 25% stake in Ralton Asset Management Limited on November 18, 2022. As per the terms of consideration, Clime Investment Management has paid AUD 0.2 million in cash and issued 185,185 shares for 100% stake in Ralton Asset Management. Ralton Asset Management has cash of AUD 0.025 million.